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BTCUST trade ideas

Bitcoin's Bullish Momentum Continues!Hey traders, here's an exciting update on Bitcoin! In our last analysis, we discussed how BTC was testing the critical $93,800–$94,200 level, and guess what? Bulls have delivered!" 📈 "As you can see in the updated chart, Bitcoin has surged past the $94,000 zone and is now approaching the Bullish Week level at $95,772. This shows strong buyer momentum as BTC continues to hold above key support zones." 💪 Key Observations: 1️⃣ Support Retest Held Strong: Bitcoin successfully held the $93,800–$94,200 range, flipping it into a firm support base. 2️⃣ New Resistance Tested: BTC is now battling with the $95,772 Bullish Week level. Clearing this level could open the door to the next key target at $96,600+, aligning with the swing highs above. ⚡ What’s Next? "If BTC can close above $95,800, the path toward $96,600 and potentially $98,000 becomes a real possibility. However, watch for any pullbacks to retest the $94,000 zone, which should act as strong support if the bullish trend holds." 🛠️ "For now, bulls are in full control, and the momentum is clearly favoring upside action. Let us know in the comments where you think Bitcoin is heading next!" 🎥 "Don't forget to like, subscribe, and hit the notification bell for more Bitcoin trading updates!" #Bitcoin #BTC #Crypto #Bullish
by peteramner
BTC Set Up: Head & Shoulder and a Descending Triangle PatternBeginner->Intermediate Level Analysis The crypto market is experiencing consolidation as the King of Crypto takes a breather after its most recent run up. A head and shoulders pattern (White Trendline's) and a Descending Triangle pattern (Yellow Trendline's) shown here on the daily chart, are displayed with their relatively equivalent upside and downside targets marked by a Bear to the downside and a Bull to the upside. While the head and shoulders pattern is typically a bearish pattern, with the distance of the neckline providing the technical target, the descending triangle has slightly better odds of breaking back (busted triangle). Either way we slice it, chances are leaning toward a shake out, which I provide some insight on toward the last half of this idea. While the technical targets of these patterns warn of potential downside, it is important to note that the majority of selling pressure has already occurred and the buying pressure in and around 80k-90k will be fierce, intended to shake out 'paper hands' who quickly forfeit their Bitcoin just shy of the most important parabolic stages of the bull run. Regrettably, it is these shakeouts that actually provide the fuel for such a run up Who is Selling? Bitcoin (BTC) has faced selling pressure from retail shrimps and worrisome dolphins as Shark and Whale activity (e.g., enterprise and institutional buying, respectively) remains primarily invisible and providing no immediate benefit to the overall market. However, shrimple retail investors are smartening up to the complex movements of big fish gamers, market makers, and pesky shark players, particularly the predatory antics that control market demand for an asset by causing sharp movements in price which instill fear or exuberance in market participants. Yet, for those new to the game, its helpful to understand how big market movers fool the rest of the market. Strategy Reveal: The Ol' Mississippi OkeeDoke followed by an Alabama Slew Slammer This takes place when big whales and sharks cloak their real movements by making purchases and sales "over the counter (OTC)". There is a benefit to OTC trades, it lowers the frequency of market swings for every big purchase or sale. Yet, switching back and forth between OTC and exchange transactions can provide the perfect cover and an opportunity for moving markets when needed. On top of this, Market Makers are in a cat and mouse game with leverage traders, causing steep movements in both directions. However, there does come a point when a supply shock is unavoidable and all that buying causes real asset scarcity. This is a Supply Shock, and the BTC market is quickly approaching this type of market environment. And so goes the crypto (and equity) market. Yet, retail shrimps and aspiring dolphins would benefit from continued accumulation on market dips --avoiding selling out of fear during market shakeouts like this. Hold tight, we are going for a roller coaster ride! Good luck everyone!
by onchainanalysis
4 hour divergence time frame1. Volume Analysis: Volume: It is observed that the volume has increased at some points near the support (purple box). The recent bullish candlestick was accompanied by an increase in volume, indicating that buyers entered near the support level. This is a positive sign for the possibility of a price reversal. 2. RSI and Price Divergence: Price: is still forming lower lows. RSI: It appears to be forming higher lows. This classic bullish divergence indicates that the momentum of sellers has decreased and the power of buyers is increasing. 3. MACD and Price Divergence: Price: It is still forming lower lows. MACD: The MACD line (blue) is approaching the signal line (orange) and the histogram is getting smaller. This indicates that the selling pressure has decreased and there is a possibility of a bullish crossover in the MACD, which will be further confirmation of a price reversal. 4. Bollinger Bands Status: Price is near the lower Bollinger Band. This could indicate oversold conditions. If the price bounces off the lower band and breaks the middle band (moving average), it will be a confirmation of the bullish trend. Conclusion and Trading Recommendation: Trading Volume: Increasing volume near support is a positive sign. RSI and MACD divergence: Both indicate a possible bullish reversal. Entry Strategy: Enter a long trade if the downtrend line breaks or the price consolidates above the middle Bollinger Band. Stop Loss: Below 92,000 USDT (support floor). Goals: First target: Upper Bollinger Band. Second target: 96,000 - 97,000 USDT.
Long
by akbar290000
Visual A Happy New Year.This visualization transforms price data into a dynamic constellation of interconnected points, moving beyond linear time series analysis to explore hidden dimensions of market behavior. It leverages the human brain's pattern recognition abilities to potentially reveal insights invisible on standard charts. █  CONCEPTS This visualization breaks free from the constraints of linear time by connecting data points based on relationships beyond chronological order. This approach allows for the exploration of non-linear patterns and multi-dimensional time series analysis, leveraging the speed of visual information processing in the human brain. It's a demonstration where a logarithm is swinging back and forth sweeping to look for patterns that the lines cross along common frequencies. █  NEW AVENUES OF OBSERVATION  • Non-Linear Pattern Detection: Identify patterns and correlations invisible on standard charts, such as subtle shifts in market sentiment or recurring motifs signaling trend changes.  • Multi-Dimensional Time Series Analysis: Explore dimensions beyond time, such as volatility, volume, or sentiment, to uncover hidden drivers of market behavior.  • Visual Intuition: Leverage the brain's pattern recognition to intuitively grasp complex market dynamics obscured by traditional methods. █  THE POTENTIAL OF IMAGINATIVE TOOLING This visualization demonstrates the power of creative coding with Pine Script and the potential of platforms like TradingView to develop innovative market analysis tools. █  TECHNICAL INSIGHTS The focus on visuals stems from the brain's rapid processing of visual information compared to text or numbers, enabling faster pattern and trend identification. █  QUESTIONS FOR FURTHER EXPLORATION  1 — What relationships between data points are visualized (price proximity, volatility, volume, etc.)?    In this case, it's a demonstration where a logarithm is swinging back and forth sweeping to look for patterns that the lines cross along common frequencies.  2 — How can we quantify and automatically detect/classify emerging patterns and clusters?    By measuring when lines cross pivots, distance of points from patterned averages, density between two lines... Many possible ideas.  3 — How can we incorporate additional dimensions to enrich market behavior understanding?    By Trying, by testing, experimenting in ways beyond what you saw before. █  FUTURE DIRECTIONS This is a starting point for further research. Continued exploration could lead to sophisticated tools integrating multiple market data dimensions, allowing navigation through a visualized landscape for better predictions and strategies. Imagine a future where traders and analysts can navigate through a 3D visualised landscape of market data with overlapping colours, transparencies, layers indicating correlations, zooming in on specific patterns and lighting up in ways that show us moments of significance that were previously invisible. █  CALL TO ACTION Experiment with Pine Script and share your visualizations. Collective creativity and innovation can drive this field forward. Let's explore, experiment, and push the limits of visual thinking together. This visualisation is only one of many starting points, you can find a number of other greet works by browsing through the scripts available on Trading view, I am sharing this as an invitation to think outside the box.
Education
by kaigouthro
BTC/USDT - Key Levels and Volatility Insights for Strategic Trad🚨 BTC/USDT Update 🚨 Analyzing today's price action, we can see Bitcoin trading within a well-defined range, interacting with critical levels. Here's the breakdown of the chart: Key Levels: Bullish Zone: Bull Day (Yellow Dashed Line): Currently acting as resistance around the $94,800 level. A breakout above this level could lead to a test of the Day + ATR around $97,400 and further towards $98,400 if momentum builds. Bearish Zone: Bear Week: $91,000 remains a strong support zone. If breached, BTC could revisit the lower Bear Day level near $89,600, presenting potential for short-side setups. Neutral Zone: Close Week: The $93,200 zone is pivotal as it aligns with previous price congestion. Monitoring price reaction here is critical for determining the next directional bias. Volume Insights: High Volume Nodes (HVNs): Clusters near $94,000 show strong interest from both bulls and bears. Expect significant price reactions here. Low Volume Nodes (LVNs): Gaps near $92,500 indicate potential for rapid price movements if this zone is retested. Market Context: The Volume Profile shows substantial activity aligning with the mid-range at $94,000. This is a consolidation zone, signaling potential accumulation or distribution before the next major move. With today’s upward recovery from the Bear Swing level ($92,800), bulls are gaining strength. However, the next step is breaking through the Bull Day resistance with volume for confirmation. Strategy Suggestions: Longs: Consider entries upon a confirmed breakout above $94,800, targeting $96,000 and $97,400. Stop-loss can be placed near $94,000. Shorts: Look for rejection near $94,800 or a breakdown below $93,200, targeting $92,000 and $91,000. Scalping Opportunities: Use the clearly defined intraday levels, such as $94,000 and $93,200, for quick trades within this range. 🔔 Keep in mind: The market is currently range-bound, and a decisive breakout from this zone will provide better clarity for medium-term directional bias. What are your thoughts? Are you bullish or bearish on BTC right now? Drop your comments below!
by peteramner
The answer to Einstein's question was BitcoinUntil recently, Bitcoin was seen as a platform for arms and drug trafficking. Today, many fundamental analyses are being published with headlines like these: "With Bitcoin, both sides win wars," "Bitcoin, the factor of global peace," "Bitcoin taught civilization to the power elites," "Weapon production stops," "Weapons should be sought in museums," "Bitcoin: Clean energy, unzainted power," "Bitcoin, a civilization without war." These fundamental analyses are a sign of governments entering the Bitcoin market, which will, in turn, usher us into a new phase of the market. Moreover, this entry has already begun. Russia has announced its intention to use Bitcoin in foreign trade to circumvent sanctions, while the US plans to replace colonialism with Bitcoin reserves to settle its debts. The analysis I will add is this: The answer to Einstein's question was Bitcoin. You may have heard that Einstein predicted: "I don’t know what they’ll fight with in World War III, but in World War IV, they’ll fight with sticks and stones."
Long
by hosseinhbtc
30/12/24 Weekly outlookLast weeks high: $99,988.07 Last weeks low: $92,529.54 Midpoint: $96,258.81 As the year comes to an end, we have a split week with new years day landing on Wednesday. The yearly candle starts @ $42,300, blasted past the previous ATH @ $69,000 and is now $90,000-100,000 a huge climb in the second straight green year for Bitcoin, all eyes on the yearly close! Historically the yearly close can be fairly uneventful as some portfolio rebalancing & tax implications are taken into account in some countries around the world, so for BTC to close around the current price would be very positive. Going into 2025, history suggests that the 3rd year of a Bullrun is the final year and so part of planning for 2025 will include some sort of exit strategy. Now I do believe that crypto is here to stay long term and this year has proven that with mainstream ETFs, government acceptance and in some case embrace, also businesses adding BTC to their balance sheet and more and companies accepting crypto as payment. All extremely positive for the space cementing cryptos mass adoption. For this week if we do see any move of note I believe it will be later in the week once the bigger players return to work, but I'm also conscious of January 20th when the presidential inauguration takes place. After that date there really shouldn't be too much holding back the continuation of the Bullrun.
by ProR35
BTCBTC/USDT Technical Analysis: Potential Retracement Before Continuation In the current technical setup, Bitcoin's price is forming a Bullish Flag pattern, which suggests a continuation of the upward trend after a temporary retracement. Here’s a detailed breakdown of the analysis: Support Levels Within the Bull Flag The lower boundary of the bull flag aligns with key support zones at 84K, 86K, and 87K USDT. A potential wick to 77K USDT is also possible, as this level corresponds to significant liquidity zones. This retracement would remain consistent with the structure of the bull flag, allowing for further accumulation before a breakout. Descending Channel Inside the Bull Flag A smaller descending channel has formed within the bull flag, indicating a continuation of the temporary downtrend. This suggests that further downside is likely in the short term, paving the way for a stronger recovery. The RSI also reflects this descending pattern, reinforcing the possibility of short-term bearish momentum. However, such patterns often precede a bullish breakout once the RSI approaches oversold levels. Loss of Key Moving Averages Bitcoin has lost 3 key moving averages: the 10, 21, and 55 MA, indicating short-term weakness. The next critical support lies at the 89 MA, aligning with the 83K USDT price level. This support will play a vital role in determining whether the bullish structure remains intact. On-Chain Data and Liquidity Levels Based on Hyblock data from the 6-month period (4H time frame), significant liquidation levels are clustered across the price range from 88K to 74K USDT, with over $20-30 billion in liquidations at each price level. These clusters suggest that Bitcoin may need to retrace further to clear the excess liquidity before any sustainable bullish momentum can resume. Clearing these liquidation levels would create a healthier environment for a broader bull run. Conclusion The most likely scenario is a retracement to the 83K-87K USDT range, or even a wick to 77K USDT, followed by consolidation and a potential breakout. Keep an eye on the 89 MA for support and watch for a breakout from the descending RSI channel as confirmation of a trend reversal. This analysis, supported by daily technical patterns and 6-month on-chain data, suggests caution in the short term but highlights opportunities for bullish continuation once the retracement and liquidity clearance are complete.
by gimferati